Cohen And Steers Total Return Realty Fund

Cohen & Steers Total Return Realty Fund, Inc. operates as a diversified, closed-end management investment company. It seeks to achieve a high total return through investment in real estate securities. The company was founded on September 4, 1992 and is headquartered in New York, NY.

Cohen & Steers Total Return Realty Fund, Inc. is a closed-end management investment company, which seeks to achieve a high total return through investment in real estate securities. The company was founded on September 4, 1992 and is headquartered in New York, NY.

Ares Capital

Ares Dynamic Credit Allocation Fund

AllianceBernstein Global High Income Fund Inc

BlackRock Taxable Municipal Bond Trust

BlackRock Science & Technology

Central Securities

Calamos Convertible Opportunities And Income Fund

DNP Select Income Fund Inc

Eaton Vance Enhanced Equity Income Fund II

Energy Transfer LP Unit

Flaherty & Crumrine Preferred Securities Income Fund Inc

Guggenheim Strategic Opportunities Fund

abrdn Healthcare Investors 

New American High Income Fund

India Fund Inc

Kayne Anderson MLP Investment

Main Street Capital

Barings Corporate Investors

Nuveen Build America Bond Fund

Annaly Capital

Nuveen Municipal High Income Opportunity Fund

PIMCO Dynamic Income Fund

Cohen & Steers Reit And Preferred Income Fund Inc

Cohen & Steers Quality Income Realty Fund

Presenting our 2022 year-end review of our 8% Income Portfolio. This high-income portfolio earned over $29,000 in distributions (including year-end special distributions) amounting to over 14% yield-on-cost basis.

The 8% Income Portfolio: 2022 Year-End Review

BlackRock Energy and Resources Trust

Cornerstone Strategic Value Fund Inc

Eaton Vance Tax Advantaged Global Dividend Opportunities Fund

PIMCO Corporate & Income Opportunity Fund

Closed-end funds are great income investments thanks to tax laws and tradition. Being required to pay out most of their taxable gains explains a lot about how CEFs act.

How To Use CEFs For A Rich Retirement

JPMorgan BetaBuilders MSCI US REIT ETF

Brunswick

Cavco Industries

Camping World Hlds

Direxion Daily Real Estate Bull 3x Shares

Direxion Daily Real Estate Bear 3x Shares

Equity LifeStyle Properties

Fidelity MSCI Real Estate ETF

First Trust S&P REIT Index Fund

MarineMax

iShares Cohen & Steers REIT ETF

iShares U.S. Real Estate ETF

Nuveen Real Estate Income Fund

Invesco KBW Premium Yield Equity REIT ETF

LCI Industries

Malibu Boats

MCBC Hlds

Neuberger Berman Real Estate Securities Income Fund Inc

Patrick Industries

US Diversified Real Estate ETF

Invesco Active US Real Estate

ProShares Short Real Estate

Manufactured Housing REITs snapped an incredible streak of nine straight years of outperformance over the REIT Index in 2022, impacted by headwinds from higher interest rates and hurricane-related disruptions. Despite their REIT-leading growth rates, Manufactured Housing ("MH") REITs have historically been among the most interest rate-sensitive sectors due to their counter-cyclical demand profile and remarkable operational consistency.

Manufactured Housing: Recession-Resistant REITs

SPDR Dow Jones REIT ETF

Schwab U.S. REIT ETF

Seven Hills Realty Trust

ProShares UltraShort Real Estate

Pacer Funds Trust-Pacer Benchmark Data & Infrastructure Real Estate Sector ETF

ProShares Ultra Real Estate

iShares Core U.S. REIT ETF

Vanguard Real Estate ETF

Virtus Real Asset Income ETF

Although the change in public REIT equity prices over the past 12 months would not suggest it, 2022 actually saw earnings growth arrive above our initial expectations. We forecast total returns for REITs in 2023 to be between +8% to +12%.

2023 Chilton REIT Forecast

Cohen & Steers

NEW YORK , Dec. 13, 2022 /PRNewswire/ -- The Board of Directors of the Cohen & Steers Total Return Realty Fund, Inc. (NYSE: RFI) (the "Fund") has declared a year-end capital gain distribution, as summarized in the chart below. In addition to the regular monthly dividend, this year-end capital gain distribution is being paid to allow the Fund to meet its 2022 distribution requirement for federal excise tax purposes.

Cohen & Steers Total Return Realty Fund, Inc. (RFI) Declares Year-End Capital Gain Distribution

Real estate can be a good way to protect wealth in the face of inflation. Cohen & Steers Total Return Realty Fund invests in a portfolio of securities issued by real estate companies to generate both capital gains and income for their investors.

RFI: This High-Yielding CEF Is Beating The Index

Brookfield Asset Management

CBL & Associates Properties

Macerich

Pennsylvania Real Estate Investment Trust

Tanger Factory Outlet Centers

Simon Property Group

Seritage Growth Properties

Real Estate Select Sector SPDR Fund

Mall REITs - which endured a dismal stretch of underperformance from 2015-2020 - enter the critical holiday season on surprisingly stable footing as resilient consumer spending has offset broader macro-headwinds. The momentum from the stimulus-fueled ‘spending spree' appears likely to carry retailers through the holiday season. Store openings continue to outpace store closings in 2022 by the widest-margin in decades.

Mall REITs: The Bleeding Has Stopped

Aberdeen Income Credit Strategies Fund

Alpine Global Dynamic Dividend Fund

Aberdeen Standard Global Infr Inc Fd

Central and Eastern Europe Fund

Cornerstone Total Return Fund Inc

Doubleline Opportunistic Credit Fund

Delaware Investments Dividend and Income Fund

Delaware Enhanced Global Dividend & Income Fund

Stone Harbor Emerging Markets Total Income Fund

European Equity Fund

Eagle Point Income Company Inc

Eaton Vance Short Duration Diversified Income Fund

First Trust / Aberdeen Emerging Opportunity Fund

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust

Gabelli Convertible and Income Securities Fund

Gabelli Multimedia Trust

Gabelli Global Utility & Income Trust

John Hancock Hedged Equity & Income Fund

BlackRock Corporate High Yield Fund

New Ireland Fund Inc

Ivy High Income Opportunities Fund

Nuveen Core Equity Alpha Fund

Madison Fund

Macquarie Global Infrastructure Total Return Fund Inc

Virtus AllianzGI Convertible & Income Fund

Virtus AllianzGI Convertible & Income Fund II

Tortoise Energy Independence Fund, Inc.

Nuveen Missouri Quality Municipal Income Fund

Tortoise MLP Fund

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.

Putnam Municipal Opportunities Trust

RiverNorth Opportunities Fund, Inc.

Franklin Templeton Emerging Markets Income Fund

Tortoise Power and Energy Infrastructure Fund

Tortoise Pipeline & Energy Fund

Tortoise Energy Infrastructure

Virtus Total Return Fund

16 out of 23 CEF sectors positive on price and 12 out of 23 sectors positive on NAV last week. Watch for overvalued CEFs as market volatility rises.

Weekly Closed-End Fund Roundup: Tortoise Tender Offers Expiring (October 23, 2022)

Alexandria Real Estate Equities

Healthcare Realty Trust Inc

LTC Properties

Medical Properties Trust

National Health Investors

Omega Healthcare Investors

Sabra Health Care

Ventas

Welltower

Healthcare REITs have lagged over the past quarter as sharply higher labor costs, a sluggish post-COVID recovery in patient volumes, and the waning of government fiscal support have pressured operators. Hospital operators have been slammed particularly hard as elective surgeries continue to be either delayed or pushed to outpatient facilities, amplifying a broader industry shift towards low-cost healthcare settings.

Healthcare REITs: Staffing Shortage Stumble

Armada Hoffler Properties

EPR Properties

Federal Realty Investment Trust

Global Medical REIT

Prologis

REITs are trading at the lowest valuation in years. Yet, few seem to be buying them due to fears of rising rates.

Important Warning To REIT Investors

CubeSmart

Extra Space Storage

Life Storage

National Storage Affiliates Trust

Public Storage

Global Self Storage

Self-Storage REITs have defied expectations to the upside as comprehensively as any real estate sector since the start of the pandemic, delivering earnings growth of over 50% since 2019. Incremental storage demand is driven by change- particularly home moving rates and household formations. Surging mortgage rates have had a "lock-in" effect among existing homeowners while also pricing-out new formations.

Storage REITs: Locked-In And Sticky

Airbnb

Ashford Hospitality Trust

Apple Hospitality REIT

Choice Hotels Int.

Chatham Lodging Trust

Hyatt Hotels

Hilton Worldwide Holdings

Host Hotels & Resorts

Hersha Hospitality Trust Class A

Marriott

Pebblebrook Hotel Trust

Park Hotels & Resorts

Sunstone Hotel Investors

Sotherly Hotels

Service Properties Trust

Xenia Hotels & Resorts

Hotel REITs have held up surprisingly well throughout the recent market turmoil and remain one of the top-performing property sectors this year following a solid summer of operating performance. Several years of pent-up leisure demand from COVID delays helped to offset a slow business travel recovery. STR recently reported that profitability levels were above 2019 levels throughout the summer.

Hotel REITs: Winter Is Coming

Today, you have a “once in a decade” chance to win big with REITs. REITs have dropped heavily despite enjoying strong fundamentals.

This Is Your Once-In-A-Decade Chance To Win Big

RFI is a REIT equity focused CEF from the Cohen & Steers suite. The fund has an 80/20 allocation between REIT equity and financials preferred shares.

RFI: The Unleveraged CEF From Cohen&Steers

American Tower

W. P. Carey

The REIT crash is largely related to rapidly rising interest rates. Market pundits have a variety of theories suggesting REITs are susceptible to interest rates.

REITs Got Clobbered: Examining The Bear Thesis

Aurora Cannabis

AFC Gamma

Canopy Growth

Amplify Seymour Cannabis ETF

Cronos Group

Curaleaf Holdings, Inc.

GrowGeneration Corp

Hydrofarm Holdings Group

Innovative Industrial Properties

Amplify Alternative Harvest ETF

AdvisorShares Pure US Cannabis ETF

NewLake Capital Partners, Inc.

Global X Cannabis ETF

Power REIT

Chicago Atlantic Real Estate Finance

Scotts Miracle-Gro

Trulieve Cannabis Corp.

Tilray Brands

Cambria Cannabis ETF

Village Farms International

AdvisorShares Pure Cannabis ETF 

The previously high-flying cannabis REITs have been slammed this year on concerns over rent payment from their cannabis cultivator tenants, which have been struggling amid a plunge in wholesale cannabis prices. The 30-50% plunge in pot prices comes amid a flood of new entrants to the cannabis retail and cultivation industry and as institutional capital to multi-state operators has driven production-efficiencies.

Cannabis REITs: Too Cheap To Get High

CatchMark Timber Trust

Farmland Partners

While still outperforming the REIT Index this year, timber and farmland REITs have pulled back amid cooling inflation expectations, slumping global commodity demand, and regional weather complications. A hedge on chaos? Amid indications that the Russia-Ukraine conflict may drag on indefinitely, we expect continued global market share gains for North American producers of the disrupted agricultural products.

Land REITs: Hedge Inflation - And Chaos

News for Cohen And Steers Total Return Realty Fund ETF (RFI)